2643 S Bascom Ave, San Jose, CA 95124

$10,200,000
20,270
SqFt
Sold Price
$10,200,000
List Price
$10,000,000

Property Description

40 apartment units in a good City of San Jose location adjacent to the border of the City of Campbell. Unit Mix: (40) 1 Bedroom 1 Bath Units. Improvements consist of 3 two story buildings containing 40 apartment units and a fourth single story building containing the common laundry room, owner storage room and water heater room spread out over a large parcel of land with approx. 58 parking spaces. Same family ownership for many years. Significant rent upside potential. Adjacent to quality single family homes and townhomes, across the street from Lunardi's Market and Walgreens. Close proximity to The Pruneyard Shopping Center, Downtown Campbell, Campbell Park and the Los Gatos Creek Trail. Easy access to large Tech and Health Care Employers including eBay HQ, Netflix HQ, Good Samaritan Hospital & El Camino Hospital Los Gatos. Stated rent for resident manager and est. rent of $1,695/Month for the 1 vacant unit was included in the annual rental income shown but not in the rent range shown

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Calculator source: Real Geeks

Courtesy of Cornish & Carey Commercial, Keith Suddjian. Selling Office: CC.

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